EGBANK Signs a US$ 20 Million Trade Finance Agreement with EBRD
In light of EG Bank’s efforts that focus on supporting exporters and importers, EG Bank signed a $20mn trade facility agreement with EBRD under its Trade Facilitation Programme (TFP) in…
Nuweiba: Egypt’s paradise of serenity
There is no place better than the Sinai’s Nuweiba, where you can capture the real essence of the desert: waking at sunrise, just moments before the sun peaks over the…
EBRD provides $100m loan to Commercial International Bank of Egypt
EBRD is providing a subordinated loan of up to $100m to Commercial International Bank (CIB) to strengthen CIB’s capital base and support the growth of the bank’s lending in Egypt.…
EBRD enhances financing to Egyptian small businesses via $75m loan to Banque Misr
EBRD is providing a $75m loan to Banque Misr to support the growth and development of small and medium sized enterprises (SMEs) in Egypt. SMEs account for over 90 percent…
EBRD boosts small firms through lending $30m to Arab African International Bank
EBRD is further supporting the development of small and medium-sized enterprises (SMEs) in Egypt with a $30m loan to the Arab African International Bank (AAIB). EBRD’s SME credit line will help AAIB to further…
EBRD, ALEXBANK support energy efficiency in Egypt
EBRD and the European Investment Bank (EIB) are planning to support energy-efficient and renewable energy investment in Egypt through a financing package to ALEXBANK in the amount of up to…
EBRD supports international trade through $10m loan to Al Ahli Bank of Kuwait-Egypt
The European Bank for Reconstruction and Development (EBRD) is supporting the expansion of international trade with a $10m trade facility to Al Ahli Bank of Kuwait-Egypt (ABK-Egypt) under the EBRD’s…
Sharm El-Sheikh, Hurghada tourism hotspots in MENA: Colliers International
A forecast conducted by Colliers International for hotels of the Middle East and North Africa (MENA) region, for the three-month period from October to December 2017, has shown that Sharm…
India to participate in Mactech 2017 with 50 companies
India looks forwards to collaborating and working with Egypt more through trade and investments: Indian ambassador
EgyptAir signs major deal of 45 new aircraft with total value of $6bn
EgyptAir Holding Company closed a deal on Wednesday, worth $6bn, that will add 45 aircraft to its fleet, according to a statement from the company. The agreement was signed at…
